000091718 001__ 91718
000091718 005__ 20180122213109.0
000091718 037__ $$a352-2016-18029
000091718 041__ $$aen
000091718 245__ $$aAttribute processing in environmental choice analysis: implications for willingness to pay
000091718 260__ $$c2010-03-29
000091718 269__ $$a2010-03-29
000091718 270__ $$md.campbell@qub.ac.uk$$pCampbell, Danny
000091718 300__ $$a17
000091718 336__ $$aConference Paper/ Presentation
000091718 520__ $$aData from a discrete choice experiment is used to investigate the implications of
failing to account for attribute processing strategies (APSs). The research was designed to elicit the economic benefits associated with landscape restoration activities that were intended to remediate environmental damage caused by illegal dumping activities. In this paper we accommodate APSs using an equality constrained latent class model. By retrieving the conditional class membership
probabilities we recover estimates of the weights that each respondent assigned
to each attribute, which we subsequently use ensure unnecessary weight is not allocated to attributes not attended to by respondents. Results from the analysis
provide strong evidence that significant gains in models fit as well as more defensible and reliable willingness to pay estimates can be achieved using when the
APSs are accounted for.
000091718 542__ $$fLicense granted by DONNA EWEN (donna.ewen@sac.ac.uk) on 2010-07-07T11:29:19Z (GMT):
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000091718 650__ $$aEnvironmental Economics and Policy
000091718 6531_ $$aAttribute processing strategies
000091718 6531_ $$aenvironmental restoration
000091718 6531_ $$aequality
constrained latent class model
000091718 6531_ $$amultinomial logit model
000091718 6531_ $$awillingness to pay
000091718 700__ $$aCampbell, Danny
000091718 700__ $$aLorimer, Victoria
000091718 700__ $$aAravena, Claudia
000091718 700__ $$aHutchinson, W. George
000091718 8564_ $$s479898$$uhttp://ageconsearch.umn.edu/record/91718/files/18campbell_lorimer_aravena_hutchinson.pdf
000091718 887__ $$ahttp://purl.umn.edu/91718
000091718 909CO $$ooai:ageconsearch.umn.edu:91718$$pGLOBAL_SET
000091718 912__ $$nSubmitted by DONNA EWEN (donna.ewen@sac.ac.uk) on 2010-07-07T11:34:30Z
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Previous issue date: 2010-03-29
000091718 982__ $$gAgricultural Economics Society>84th Annual Conference, March 29-31, 2010, Edinburgh, Scotland
000091718 980__ $$a352
